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NASDAQ:INOV - Inovalon Stock Price, Forecast & News

$22.27
+0.13 (+0.59 %)
(As of 02/20/2020 03:23 AM ET)
Today's Range
$21.52
Now: $22.27
$22.58
50-Day Range
$18.24
MA: $20.21
$22.27
52-Week Range
$11.50
Now: $22.27
$22.58
Volume1.19 million shs
Average Volume407,591 shs
Market Capitalization$3.45 billion
P/E RatioN/A
Dividend YieldN/A
Beta0.63
Inovalon Holdings, Inc, a technology company, provides cloud-based platforms empowering data-driven healthcare. It operates the Inovalon ONE Platform, a cloud-based platform that interconnect with the healthcare ecosystem to aggregate and analyze data in real-time, as well as empowers the application in resulting insights. The company also operates myABILITY software platform, an integrated set of cloud-based applications for providers that offers connectivity, administrative, clinical and quality analysis, management, and performance improvement capabilities to acute, post-acute, and ambulatory point-of-care provider facilities. Read More…

Industry, Sector and Symbol

Industry Data processing & preparation
Sub-IndustryN/A
SectorComputer and Technology
Current SymbolNASDAQ:INOV
CUSIPN/A
Phone301-809-4000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$527.68 million
Cash Flow$0.84 per share
Book Value$4.47 per share

Profitability

Net Income$-39,160,000.00

Miscellaneous

Employees2,499
Market Cap$3.45 billion
Next Earnings DateN/A
OptionableOptionable

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Inovalon (NASDAQ:INOV) Frequently Asked Questions

What is Inovalon's stock symbol?

Inovalon trades on the NASDAQ under the ticker symbol "INOV."

How were Inovalon's earnings last quarter?

Inovalon Holdings Inc (NASDAQ:INOV) posted its quarterly earnings data on Wednesday, October, 30th. The technology company reported $0.15 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.12 by $0.03. The technology company had revenue of $166.50 million for the quarter, compared to the consensus estimate of $164.92 million. Inovalon had a positive return on equity of 7.11% and a negative net margin of 1.37%. The business's revenue for the quarter was up 14.2% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.11 EPS. View Inovalon's Earnings History.

What guidance has Inovalon issued on next quarter's earnings?

Inovalon updated its FY20 earnings guidance on Wednesday, February, 19th. The company provided EPS guidance of $0.59-0.63 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.56. The company issued revenue guidance of $698-718 million, compared to the consensus revenue estimate of $697.73 million.

What price target have analysts set for INOV?

5 equities research analysts have issued 12-month price targets for Inovalon's stock. Their forecasts range from $12.00 to $22.00. On average, they anticipate Inovalon's share price to reach $18.60 in the next twelve months. This suggests that the stock has a possible downside of 16.5%. View Analyst Price Targets for Inovalon.

What is the consensus analysts' recommendation for Inovalon?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Inovalon in the last year. There are currently 1 sell rating, 2 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Inovalon.

Has Inovalon been receiving favorable news coverage?

Headlines about INOV stock have trended negative on Thursday, according to InfoTrie. The research group ranks the sentiment of media coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Inovalon earned a news sentiment score of -2.2 on InfoTrie's scale. They also assigned media headlines about the technology company a news buzz of 9.0 out of 10, indicating that recent media coverage is extremely likely to have an effect on the company's share price in the next few days. View News Stories for Inovalon.

Who are some of Inovalon's key competitors?

What other stocks do shareholders of Inovalon own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Inovalon investors own include Alibaba Group (BABA), Amarin (AMRN), Corbus Pharmaceuticals (CRBP), FireEye (FEYE), NVIDIA (NVDA), Surgery Partners (SGRY), Ford Motor (F), Freeport-McMoRan (FCX), Mosaic (MOS) and Twitter (TWTR).

Who are Inovalon's key executives?

Inovalon's management team includes the folowing people:
  • Keith R. Dunleavy, CEO & Chairman (Age 50)
  • Mr. Robert A. Wychulis, Pres (Age 64)
  • Mr. John Michael Burgin, Chief Product Officer (Age 45)
  • Mr. Jonathan R. Boldt, Chief Financial Officer (Age 34)
  • Mr. Jason B. Capitel, Chief Operating Officer (Age 47)

When did Inovalon IPO?

(INOV) raised $500 million in an initial public offering on Thursday, February 12th 2015. The company issued 22,200,000 shares at $21.00-$24.00 per share. Goldman Sachs, Morgan Stanley, Citigroup, BofA Merrill Lynch and UBS Investment Bank served as the underwriters for the IPO and Baird, Piper Jaffray, Wells Fargo Securities and William Blair were co-managers.

Who are Inovalon's major shareholders?

Inovalon's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include FMR LLC (3.96%), Black Creek Investment Management Inc. (3.54%), Bernzott Capital Advisors (0.95%), State Street Corp (0.95%), Loomis Sayles & Co. L P (0.95%) and Marshall Wace LLP (0.52%). Company insiders that own Inovalon stock include Jason Capitel, Keith R Dunleavy and Lee D Roberts. View Institutional Ownership Trends for Inovalon.

Which institutional investors are selling Inovalon stock?

INOV stock was sold by a variety of institutional investors in the last quarter, including Black Creek Investment Management Inc., FMR LLC, PNC Financial Services Group Inc., Amundi Pioneer Asset Management Inc., Bank of New York Mellon Corp, Oxford Asset Management LLP, Bank of America Corp DE and Riverbridge Partners LLC. View Insider Buying and Selling for Inovalon.

Which institutional investors are buying Inovalon stock?

INOV stock was acquired by a variety of institutional investors in the last quarter, including Loomis Sayles & Co. L P, Marshall Wace LLP, State of New Jersey Common Pension Fund D, Los Angeles Capital Management & Equity Research Inc., Knights of Columbus Asset Advisors LLC, Renaissance Technologies LLC, Creative Planning and State Street Corp. Company insiders that have bought Inovalon stock in the last two years include Jason Capitel, Keith R Dunleavy and Lee D Roberts. View Insider Buying and Selling for Inovalon.

How do I buy shares of Inovalon?

Shares of INOV can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

What is Inovalon's stock price today?

One share of INOV stock can currently be purchased for approximately $22.27.

How big of a company is Inovalon?

Inovalon has a market capitalization of $3.45 billion and generates $527.68 million in revenue each year. The technology company earns $-39,160,000.00 in net income (profit) each year or $0.18 on an earnings per share basis. Inovalon employs 2,499 workers across the globe.View Additional Information About Inovalon.

What is Inovalon's official website?

The official website for Inovalon is http://www.inovalon.com/.

How can I contact Inovalon?

Inovalon's mailing address is 4321 COLLINGTON ROAD, BOWIE MD, 20716. The technology company can be reached via phone at 301-809-4000 or via email at [email protected]


MarketBeat Community Rating for Inovalon (NASDAQ INOV)

Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  300 (Vote Outperform)
Underperform Votes:  363 (Vote Underperform)
Total Votes:  663
MarketBeat's community ratings are surveys of what our community members think about Inovalon and other stocks. Vote "Outperform" if you believe INOV will outperform the S&P 500 over the long term. Vote "Underperform" if you believe INOV will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 2/20/2020 by MarketBeat.com Staff

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